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Headline: South Africa Source: Euromoney Date: July 2001 Best bank: Standard Bank Best debt house: Deutsche Bank/Rand Merchant (joint award) Best equity house: Merrill Lynch Best M&A house: Merrill Lynch/Investec (joint award) The South African market is peculiar. It boasts some of the most sophisticated financial technology and infrastructure in the world yet it is undoubtedly an emerging market. Because so many South African corporates are global players, listed in London or New York, the best of the country’s banks have operations in the major financial centres and can compete successfully with the global players. |
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